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    Corporate Financial Accounting Study Set 1
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    Exam 1: Accounting and Business
  5. Question
    The Asset Created by a Business When It Makes a Sale
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The Asset Created by a Business When It Makes a Sale

Question 147

Question 147

Multiple Choice

The asset created by a business when it makes a sale on account is termed


A) accounts payable
B) prepaid expense
C) interest revenue
D) accounts receivable

Correct Answer:

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